Enbriidge Pipelines (Midla) L. L. C.
FIFTH REVISED VOLUME NO. 1
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Effective Date: 10/01/2009, Docket: RP09-980-000, Status: Effective
Second Revised Sheet No. 183 Second Revised Sheet No. 183
Superseding: Substitute First Revised Sheet No. 183
(c) security interest in collateral found to be satisfactory to
Pipeline; or
(d) a guarantee, acceptable to Pipeline, by another party or
entity which satisfies credit appraisal.
Such advance deposit, standby irrevocable letter of credit,
security interest or guarantee shall at all times equal an amount
equivalent to three (3) Months of transportation (or sales if
applicable) at a one hundred percent (100%) load factor of the
requested MDQ at the maximum applicable unit rate hereunder. If
Customer's credit standing ceases to meet Pipeline's credit
requirements during the period of service, then Pipeline has the
right to require security or a deposit as specified herein. If
security or a deposit is not tendered in a timely period as
reasonably determined by Pipeline, then Pipeline is not required
to continue service. If Customer is unable to maintain credit
approval, the executed Service Agreement shall terminate as of the
first Day of the Month following written notice to Customer.
26.3 At any time after the Customer is determined to be noncreditworthy
by Midla, the Customer may initiate a creditworthiness re-
evaluation. As part of the reevaluation request, the Customer
should either update or confirm in writing the prior information
provided to Midla related to the Customer's creditworthiness.
Such update should include any event(s) that the Customer believes
could lead to a material change in the Customer's
creditworthiness.
26.4 After Midla's receipt of Customer's request for re-evaluation,
including all required information pursuant to NAESB WGQ Standard
0.3.8 ("SR's Request"), within five (5) Business Days, Midla
should provide a written response to the Customer's Request. Such
written response should include either a determination of
creditworthiness status, clearly stating the reason(s) for Midla's
decision, or an explanation supporting a future date by which a
re-evaluation determination will be made. In no event should such
re-evaluation determination exceed twenty (20) Business Days from
the date of the receipt of the Customer's Request unless specified
in Midla's tariff or if the parties mutually agree to some later
date.